The evolution of Abacus was based on responding to needs and requests of small businesses. Having spent many years in public accounting and 6 years working with venture-backed start-ups, John identified an opportunity to provide bookkeeping to small businesses accompanied with sound business advice. Initially the types of businesses served varied significantly and migrated to focusing on professional service organizations. The accounting requirements of law firms and medical practices provided the perfect opportunity to outsource bookkeeping and several other back office business functions efficiently and affordably. Over the past 4 years, the focus has continued to narrow where now 80% of Abacus’s clients are law firms or businesses serving the legal community.
Additional services from payroll to strategic planning and basic marketing were recently added as clients have requested or were receiving sub-standard service from other providers.